Question 7 of 13 • FL-2102373-Personal Finance and Money Management Honors
Read the scenario.David's commercial building caught fire, causing significant damage to his property and inventory. Due to financial constraints, he had let his insurance policy lapse. What potential repercussions could David encounter?
Answer
A
a penalty for not using eco-friendly materials
B
the preparation to hold a grand reopening event
C
the requirement to apply for a new business license
D
the cost of tenant relocations and temporary housing